Latest Landlord News by: Madalena Penny Rents increased again in April, according to latest data captured by LSL property services. In their most recent Buy-to-Let Index, LSL recorded a 0.8% rents rise across average rents in England & Wales, a rise averaging out at £692 per month for a typical property. As you would expect, […]
Read MoreLatest Landlord News by: Madalena Penny Controversy surrounding local licensing and planning policies imposed on landlords in the private sector has again stepped up a pace. Hundreds of landlords have won the right for a judicial review over HMO selective licensing schemes imposed by local authorities. Last week 350 landlords in the Accrington area were […]
Read MoreLatest Landlord News by: Madalena Penny Do-it-Yourself landlords are falling foul of harassment code, warns ‘Legal 4 Landlords’. The private landlord legal experts with a national presence across the UK are advising landlords new to the BTL industry to review methods when contacting tenants. Private landlords using unprofessional self-employed agents recruited socially and paid on […]
Read MoreLatest Landlord News by: Madalena Penny Ask any letting agent and it’s the same story…..they need more private landlords with decent, available accommodation to let. Since the great property famine descended upon the UK and house prices bombed and sales became stagnant, estate agents focused through necessity on lettings in the wake of restricted mortgages […]
Read MoreA RADICAL shake-up of the county court eviction process is needed to help landlords get rid of problem tenants, according to a lettings industry specialist. Sim Sekhon, director of Legal 4 Landlords, is calling on both Her Majesty’s Court Service (HMCS) and the Government to reform the way tenant evictions are handled in court. Sim […]
Read MoreLatest Landlord News by: Madalena Penny Love it or loathe it, as residential rental property increases in value across London and a divide between north and south widens, the same trends appear to befalling Scottish regions. Extensive research by ‘Citylets’ shows like for like tenant-demand and are riding high with property hotspots, mainly in Aberdeen […]
Read MoreLatest landlord News by: Madalena Penny As residential rental scams reach an all time high, involving elaborate cons costing unsuspecting tenants thousands of pounds in lost deposits and rent, the rise in unethical letting agents riding on the continued wave of tenant-demand is also reaching unprecedented levels. Last year, the Property Ombudsman (TPO) revealed that […]
Read MoreLatest Landlord News by: Madalena Penny The current lack of available housing stock resulting in demand for rental accommodation has paved the way for the return of the reluctant landlord along with new investors looking for long-term growth in the BTL sector as opposed to investing into pension schemes. The most widely offered tenancy, the […]
Read MoreLatest Landlord News by: Madalena Penny The first quarter this year has been a strong indicator as to the national residential rental trends being established across England and Wales. As you would expect residential rents have risen in much of the UK’s rental hotspots and tenant arrears have fallen as first-time buyers flooding the rental […]
Read MoreLatest Landlord News by: Madalena Penny The severe shortage of available housing stock in both the social and private sectors has prompted yet another council to dip their toe into private rented sector property management. Doncaster ALMO (Arms Length Management Organisation) St. Leger Homes has announced they are establishing a private landlord register. As a […]
Read MoreLatest landlord News by: Madalena Penny Last week in Wolverhampton, a tenant who threatened her 76 year-old landlord with an imitation gun is now facing trial at crown court. In a conversation concerning the tenant’s rent arrears, the 21-year-old tenant brandished a cigarette lighter in the guise of a gun, she then informed her landlord […]
Read MoreLatest landlord News by: Madalena Penny Unemployment figures released yesterday reveal that there are now 2.48 million people unemployed. One in five young people are without work, with a rise in unemployment for 16-25 year-olds increasing by 12,000 on the quarter. Unemployment affecting 16-17 year-olds has also reached an all time high leading to 218,000 […]
Read MoreLatest Landlord News by: Madalena Penny Eric Pickle’s recent confirmation surrounding last month’s budget announcement, in which, unused offices and commercial premises can be converted into homes without planning permission, has met with confusion by some landlords, especially those that are already restricted from gaining planning permission on houses for landlord expansion. The Department of […]
Read MoreLatest Landlord News by: Madalena Penny Further evidence this month indicates that tenant-demand is picking up momentum for landlords and letting agents. Paragon’s data captured through their recent landlord survey reveals rental voids have fallen yet again. Making Q1 of 2011 the lowest point for empty properties in the private rented sector since the 1st […]
Read MoreLatest Landlord News by: Madalena Penny No doubt, this week landlords have received notification from their local housing benefit office concerning the caps to be enforced on new tenancies as from the beginning of this month. While some existing private sector tenants have received sketchy (at best) information from local authority branches that they may […]
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